reserve Provision for Obsolete Stock 9.27 million baht Page 2 of 2 2.2) Cost of Real Estate Development increase 49.56 million baht or increase 100% from the Subsidiaries recognize revenue from sell of real

. Other incomes of year 2017 reaches 186.44MB which included sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB and sales of obsolete assets, whereas the sales of investment in Padaeng

with QoQ. This is due to the decrease in write off obsolete finished goods and better control. The Company reported shutdown expenses for inventory management against sales volume at Baht 15.7 million

Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...

, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68

to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with

2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at

than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale of the plastic packaging business. 2 3. Selling and administrative expenses was increased by

the Q2 of the previous fiscal year or 5.39%. The cost increased more than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale of the plastic

219.27 million Baht from the Q3 of the previous fiscal year or 14.01%. The cost increased more than the increasing of sales as a result of upwardly adjust in raw material price and soften economic of scale